Price to Book Value (P/BV)
since 2005
Calculation
Amphenol Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity attributable to Amphenol Corporation1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 7, 2024 | 7.49 | = | 104.26 | ÷ | 13.91 | 13.91 | = | 8,346,500 | ÷ | 599,854,853 | |
| Feb 8, 2023 | 6.89 | = | 81.28 | ÷ | 11.80 | 11.80 | = | 7,015,600 | ÷ | 594,604,514 | |
| Feb 9, 2022 | 7.60 | = | 79.99 | ÷ | 10.52 | 10.52 | = | 6,302,000 | ÷ | 598,939,773 | |
| Feb 10, 2021 | 7.31 | = | 65.66 | ÷ | 8.99 | 8.99 | = | 5,384,900 | ÷ | 599,153,422 | |
| Feb 12, 2020 | 6.81 | = | 51.78 | ÷ | 7.60 | 7.60 | = | 4,530,300 | ÷ | 596,202,310 | |
| Feb 13, 2019 | 6.82 | = | 45.93 | ÷ | 6.74 | 6.74 | = | 4,017,000 | ÷ | 596,174,420 | |
| Feb 21, 2018 | 6.92 | = | 45.21 | ÷ | 6.53 | 6.53 | = | 3,989,800 | ÷ | 610,967,560 | |
| Feb 17, 2017 | 5.82 | = | 34.73 | ÷ | 5.97 | 5.97 | = | 3,674,900 | ÷ | 615,328,656 | |
| Feb 19, 2016 | 4.96 | = | 26.05 | ÷ | 5.26 | 5.26 | = | 3,238,500 | ÷ | 616,076,154 | |
| Feb 20, 2015 | 6.07 | = | 28.46 | ÷ | 4.69 | 4.69 | = | 2,907,400 | ÷ | 620,391,200 | |
| Feb 21, 2014 | 4.88 | = | 22.04 | ÷ | 4.52 | 4.52 | = | 2,859,509 | ÷ | 632,798,072 | |
| Feb 22, 2013 | 4.65 | = | 17.70 | ÷ | 3.80 | 3.80 | = | 2,429,959 | ÷ | 638,792,392 | |
| Feb 24, 2012 | 4.24 | = | 14.08 | ÷ | 3.32 | 3.32 | = | 2,171,769 | ÷ | 653,329,832 | |
| Feb 28, 2011 | 4.36 | = | 14.37 | ÷ | 3.30 | 3.30 | = | 2,320,855 | ÷ | 703,734,272 | |
| Feb 23, 2010 | 4.09 | = | 10.31 | ÷ | 2.52 | 2.52 | = | 1,746,077 | ÷ | 692,930,404 | |
| Feb 23, 2009 | 3.17 | = | 6.25 | ÷ | 1.97 | 1.97 | = | 1,349,425 | ÷ | 684,749,272 | |
| Feb 26, 2008 | 5.36 | = | 9.58 | ÷ | 1.79 | 1.79 | = | 1,264,914 | ÷ | 708,261,032 | |
| Feb 21, 2007 | 6.70 | = | 8.49 | ÷ | 1.27 | 1.27 | = | 902,994 | ÷ | 712,220,144 | |
| Mar 16, 2006 | 6.79 | = | 6.43 | ÷ | 0.95 | 0.95 | = | 689,235 | ÷ | 727,738,264 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Amphenol Corp. Annual Report.
- Share Price Trend
- The share price exhibited an overall upward trend from 2006 to 2024, rising from $6.43 to $104.26. Noticeable fluctuations occurred, such as a decline in 2009 to $6.25, followed by a steady increase thereafter. The share price more than quadrupled between 2015 and 2024, indicating strong market performance in recent years.
- Book Value per Share (BVPS) Trend
- BVPS steadily increased over the observed period, growing from $0.95 in 2006 to $13.91 in 2024. The growth in BVPS was stable, with no significant declines, reflecting continuous accumulation of equity value per share over time.
- Price-to-Book Value (P/BV) Ratio Trend
- The P/BV ratio demonstrated variability, starting at 6.79 in 2006 and moving within a range between approximately 3.17 and 7.6 throughout the years. The ratio dipped significantly to 3.17 in 2009, coinciding with the share price low during the financial downturn, and generally remained elevated afterward, fluctuating mostly between 4 and 7.5. This suggests periods where the market valued the company at a premium relative to its book value, with some compression during economic stress.
- Overall Insights
- The data suggests a company with improving intrinsic value as represented by BVPS and strong market appreciation in share price over the long term. The initial low in both share price and P/BV ratio in 2009 corresponds with broader market conditions, after which recovery and growth were robust. Persistent elevation in P/BV indicates investor confidence and willingness to pay a premium relative to book value, possibly reflecting expectations of future growth or profitability. The consistent increase in BVPS signals sound financial management and asset growth.
Comparison to Competitors
Amphenol Corp., P/BV, long-term trends, comparison to competitors
| Amphenol Corp. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Feb 7, 2024 | 7.49 | 44.21 | 11.50 | 5.19 | — | 6.85 |
| Feb 8, 2023 | 6.89 | 48.89 | 8.87 | 4.69 | — | 2.54 |
| Feb 9, 2022 | 7.60 | 38.96 | 10.05 | 5.99 | 27.38 | 1.65 |
| Feb 10, 2021 | 7.31 | 28.33 | 7.15 | 4.57 | — | 1.35 |
| Feb 12, 2020 | 6.81 | 12.21 | 5.91 | 6.12 | — | 1.21 |
| Feb 13, 2019 | 6.82 | 8.93 | 9.33 | 5.00 | — | 1.33 |
| Feb 21, 2018 | 6.92 | 6.61 | 11.10 | 2.38 | — | 1.28 |
| Feb 17, 2017 | 5.82 | 4.81 | 7.63 | 2.48 | — | 1.44 |
| Feb 19, 2016 | 4.96 | 5.57 | 5.86 | 2.23 | — | 2.08 |
| Feb 20, 2015 | 6.07 | 5.53 | 8.22 | 2.24 | — | 2.56 |
| Feb 21, 2014 | 4.88 | 3.82 | — | 2.19 | — | 1.51 |
| Feb 22, 2013 | 4.65 | 4.74 | — | 1.97 | — | 1.63 |
| Feb 24, 2012 | 4.24 | 4.86 | — | 1.86 | — | 1.78 |
| Feb 28, 2011 | 4.36 | 5.91 | — | 2.73 | — | 1.64 |
| Feb 23, 2010 | 4.09 | 6.39 | — | 3.46 | — | 1.56 |
| Feb 23, 2009 | 3.17 | 4.37 | — | 3.83 | — | 2.20 |
| Feb 26, 2008 | 5.36 | 9.90 | — | 6.20 | — | 2.20 |
| Feb 21, 2007 | 6.70 | 7.30 | — | 5.80 | — | — |
| Mar 16, 2006 | 6.79 | 8.09 | — | 4.92 | — | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Amphenol Corp., P/BV, long-term trends, comparison to sector (technology hardware & equipment)
| Amphenol Corp. | Technology Hardware & Equipment | |
|---|---|---|
| Feb 7, 2024 | 7.49 | 27.57 |
| Feb 8, 2023 | 6.89 | 28.94 |
| Feb 9, 2022 | 7.60 | 25.15 |
| Feb 10, 2021 | 7.31 | 19.59 |
| Feb 12, 2020 | 6.81 | 11.23 |
| Feb 13, 2019 | 6.82 | 7.79 |
| Feb 21, 2018 | 6.92 | 5.24 |
| Feb 17, 2017 | 5.82 | 4.05 |
| Feb 19, 2016 | 4.96 | 4.46 |
| Feb 20, 2015 | 6.07 | 4.43 |
| Feb 21, 2014 | 4.88 | 3.29 |
| Feb 22, 2013 | 4.65 | 3.89 |
| Feb 24, 2012 | 4.24 | 3.71 |
| Feb 28, 2011 | 4.36 | 4.38 |
| Feb 23, 2010 | 4.09 | 4.68 |
| Feb 23, 2009 | 3.17 | 4.03 |
| Feb 26, 2008 | 5.36 | 7.36 |
| Feb 21, 2007 | 6.70 | 6.24 |
| Mar 16, 2006 | 6.79 | 5.69 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Amphenol Corp., P/BV, long-term trends, comparison to industry (information technology)
| Amphenol Corp. | Information Technology | |
|---|---|---|
| Feb 7, 2024 | 7.49 | 11.52 |
| Feb 8, 2023 | 6.89 | 10.50 |
| Feb 9, 2022 | 7.60 | 12.59 |
| Feb 10, 2021 | 7.31 | 11.14 |
| Feb 12, 2020 | 6.81 | 8.53 |
| Feb 13, 2019 | 6.82 | 7.05 |
| Feb 21, 2018 | 6.92 | 5.49 |
| Feb 17, 2017 | 5.82 | 4.55 |
| Feb 19, 2016 | 4.96 | 4.33 |
| Feb 20, 2015 | 6.07 | 4.38 |
| Feb 21, 2014 | 4.88 | 3.52 |
| Feb 22, 2013 | 4.65 | 3.77 |
| Feb 24, 2012 | 4.24 | 4.01 |
| Feb 28, 2011 | 4.36 | 4.18 |
| Feb 23, 2010 | 4.09 | 4.34 |
| Feb 23, 2009 | 3.17 | 4.02 |
| Feb 26, 2008 | 5.36 | 8.70 |
| Feb 21, 2007 | 6.70 | 7.25 |
| Mar 16, 2006 | 6.79 | 7.43 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).